While microeconomics looks at how households and businesses make decisions and behave in the marketplace, macroeconomics looks at the big picture – it analyzes the entire economy.
How are collective decisions made? and How do different “rules of the game” (institutions) affect the allocation of resources?
Labor Economics encompasses economics of education, health economics, family economics. It can be considered an application of microeconomics or macroeconomics.
Development economics focuses on the many causes and consequences of poverty in developing countries.
The Econometrics research group is currently working on several projects covering both theoretical and applied econometrics.